Major Crypto Players Consensys, Lido, and Rocket Pool Under SEC Scrutiny
by SEC vs. the WorldJuly 9th, 2024
Too Long; Didn't Read
The SEC names Consensys, Lido Finance, and Rocket Pool in a lawsuit alleging unregistered brokerage and securities sales. Consensys was incorporated in Delaware, while Lido and Rocket Pool operate staking programs on the Ethereum blockchain from the Cayman Islands and Australia, respectively.
SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 5 of 26.
DEFENDANTS
21. Consensys was founded in 2014. In June 2020, Consensys was incorporated in Delaware.
OTHER RELEVANT ENTITIES
22. Lido Finance (“Lido”) is a Cayman Islands company. Lido operates a program for staking on the Ethereum blockchain. Lido launched its staking program in December 2020.
23. Rocket Pool is headquartered in Australia. Rocket Pool also operates a program for staking on the Ethereum blockchain. Rocket Pool launched its staking program in October 2021.
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